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Covid-19 Giving Big Blow To Canada's Immigration Dependancy


Economy

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Economy

https://www.bnnbloomberg.ca/rbc-report-says-immigration-slowdown-due-to-covid-19-threatens-canadian-economy-1.1482740

 

Canada this year targeted 341,000 immigrants but Covid-19 means the target this year won't come even close and a sustained slowdown in immigration is warned could bring devastating concequences to Canada's economy

 

Canada has one of the very highest immigration rates in the world relative to population adding 0.8% to 1% of the population annually with immigration alone

 

Consistently high immigration has created an economy very dependent on it. Construction and Real-estate to accommodate fast growing population creates a lot of jobs and supports industries indirectly and is an unusually high percentage of economic output compared to most Nations. Many jobs behind the scenes also depend on helping to settle new commers

 

In addition Canada has also prefered to use immigration to deal with ageing population and retiring workforce instead of raiding retirement age like many Nations have come. An interruption to needed labor can have long term concequences on productive capacity further down the business cycle after recovery

 

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Economy

The Government before Covid spoke about the possibility of raising it to 450,000 annually

 

That's definitely not gonna happen now :toofunny:

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blankpaper

Is this because of people not wanting to move, or because the government isn’t processing immigration applications or something? It sounds like the first one but I don’t want to get my hopes up :toofunny:

reality’s tight if the music is right
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Franch Toast

I'm willing to volunteer if you need more immigrants. :huntyga:

She/Her/Hers
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blankpaper
Just now, Franch Toast said:

I'm willing to volunteer if you need more immigrants. :huntyga:

The immigration process and requirements actually look pretty easy if you’re serious. I’m going to apply for the express entry track after I get some loans paid off

reality’s tight if the music is right
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ProdigyARTPOP
3 minutes ago, blankpaper said:

The immigration process and requirements actually look pretty easy if you’re serious. I’m going to apply for the express entry track after I get some loans paid off

Does anyone know the requirements off tops? :laughga:

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blankpaper
Just now, ProdigyARTPOP said:

Does anyone know the requirements off tops? :laughga:

If you’re trying to move without having a job offer lined up, there’s a list of qualifications to get immigration points and you have to have a certain number to apply. It’s things like language proficiency, education level, years of work experience, age, etc 

reality’s tight if the music is right
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Economy
47 minutes ago, ProdigyARTPOP said:

Does anyone know the requirements off tops? :laughga:

We use a points system

 

- Age gives you points (the younger you are the more points you get)

- speaking English fluently or close to fluent gives you points

- having education for something we have a skills shortage in gives you points

- having family already here used to give you points (I don't know if it still does)

 

And other stuff I can't remember them all

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Economy
35 minutes ago, blankpaper said:

Is this because of people not wanting to move, or because the government isn’t processing immigration applications or something? It sounds like the first one but I don’t want to get my hopes up :toofunny:

I think it's a bit of everything

 

There's far fewer flights coming at all making it hard for people to travel

 

When people come from abroad there's a 2 week mandatory quarantine that must be controlled

 

The Government agencies in general may be more backlogged

 

There's fewer job offers at the moment with with shutdowns and some people can sometimes come faster with a job offer

 

I don't know which are the main reasons but it's probably a combination of everything. Nothing is functioning efficiently right now :emma:

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blankpaper
7 minutes ago, Economy said:

We use a points system

 

- Age gives you points (the younger you are the more points you get

- speaking English fluently or close to fluent gives you points

- having education for something we have a skills shortage in gives you points

- having family already here used to give you points (I don't know if it still does)

 

And other stuff I can't remember them all

The education points are just based on the degree level (with a bachelors degree accounting for 21 out of the 24 max education points), not the major/field of study. In order to be eligible at all, someone’s career field has to be on the list of skill shortages, but that list is super long and includes basically everything 

reality’s tight if the music is right
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If trump wins again somehow in Nov, I’d definitely come there. Canada sounds way more liberal than here. Will they help with housing :laughga:

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BillieGOAT
57 minutes ago, Economy said:

Canada has one of the very highest immigration rates in the world relative to population adding 0.8% to 1% of the population annually with immigration alone

WOW!!!!!! I had no idea Canada has such a high immigration rate!

 

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blankpaper
8 minutes ago, Economy said:

There's fewer job offers at the moment with with shutdowns and some people can sometimes come faster with a job offer

Sooo it sounds like I should apply for jobs up there after all then lol. There’s so many openings in my field right now 

reality’s tight if the music is right
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Economy
18 minutes ago, BillieGOAT said:

WOW!!!!!! I had no idea Canada has such a high immigration rate!

 

Lol yeah it's very high. Something like 49% of Toronto's population for example was born outside of Canada

 

I know the USA with 9X the population only had like 3X the immigration. So in a proportional basis only 1/3 the rate

 

I read an article before as well about projections of how Canada will be 80% POC by century end and only 20% white by century end because of high immigration rates and the majority of immigrants aren't white

 

But economically speaking it definitely has created a dependency. For example construction has been 6% to 8% of GDP per year and a normal developed Country is usually 2% to 4%. And. The reason it's so high is because fast population growth means lots of construction needed

 

Besides construction a lot of jobs are supported in finance, realestate brokerage, childcare for immigrants that often start families after moving, immigration settling services etc

 

If our economy was to suddenly have flat population growth line Europe or even a lower immigration rate (relative to population) like the US we'd struggle cuz the economy has evolved to be dependent on this consistent influx and now it needs it

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Economy
29 minutes ago, blankpaper said:

Sooo it sounds like I should apply for jobs up there after all then lol. There’s so many openings in my field right now 

I don't know a tone of details on the whole immigration process tho. I only have a very superficial idea so I'm not the best person to ask

 

When my family immigrated to Canada it was different times. My mom's side of the family was simply sponsored by an aunt. Then when my parents temporarily moved back to Portugual my mom already had citizenship and I had it too cuz I was born in Canada so coming back was easy even for my dad who had only been a permanent resident but never a citizen :enigma:

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